The Union Railway Budget for 2011-12 was presented by the Railway Minister, Ms Mamata Banerjee on February 25, 2011.
- No hike in passenger fare and freight rates
- Highest ever plan outlay of Rs. 57,630 crore (US$ 12.72 billion) proposed for Railways
- Rs. 9,583 crore (US$ 2.11 billion) provided for new lines
- 1300 km new lines, 867 km doubling of lines and 1017 km gauge conversion targeted in 2011-12
- 56 new Express Trains, 3 new Shatabdis and 9 Duronto trains to be introduced
- New Super AC Class to be introduced
- A new portal for e-ticketing to be launched shortly
- Pan-India multi-purpose smart card 'Go India' to be introduced
- 236 more stations to be upgraded as Adarsh Stations
- Feasibility study to raise speed of passenger trains to 160-200 kmph to be undertaken
- All state capitals in the North-East except Sikkim to be connected by Rail in next seven years
- 18,000 Wagons to be procured during 2011-12
- 2011-12 declared ‘Year of Green Energy’ for Railways
- Freight loading of 993 MT and passenger growth of 6.4 per cent estimated for 2011-12
Click here for the full speech of the Railway Budget 2011-12.